22 August 2024
Auto
Trader Group plc ("Auto Trader" or the "Company")
Notification of transactions by Persons Discharging Managerial
Responsibilities ("PDMRs")
Auto Trader announces the following
exercise of nil-cost options by PDMRs granted in previous years
under the Performance Share Plan ("PSP") and the Deferred Annual
Bonus Plan ("DABP"), and the subsequent sale of shares to cover tax
and other deductions. All shares were disposed of at a sale
price of £8.2398.
|
Director
|
Share scheme
|
Number of
shares
|
|
Nathan Coe
|
2021 PSP1
|
200,341
|
|
2022 DABP2
|
56,296
|
|
Total options exercised
|
256,637
|
|
Total number of shares
sold
|
120,922
|
|
Total number of shares
retained
|
135,715
|
|
Director
|
Share scheme
|
Number of
shares
|
|
Catherine Faiers
|
2021 PSP3
|
83,323
|
|
2022 DABP4
|
27,056
|
|
Total options exercised
|
110,379
|
|
Total number of shares
sold
|
52,009
|
|
Total number of shares
retained
|
58,370
|
|
Director
|
Share scheme
|
Number of
shares
|
|
James Warner
|
2021 PSP5
|
87,294
|
|
2022 DABP6
|
28,344
|
|
Total options exercised
|
115,638
|
|
Total number of shares
sold
|
54,487
|
|
Total number of shares
retained
|
61,151
|
1. Includes
7,573 rolled up dividend shares.
2. Includes
1,510 rolled up dividend shares.
3. Includes
3,146 rolled up dividend shares.
4. Includes
724 rolled up dividend shares.
5. Includes
3,299 rolled up dividend shares.
6. Includes
758 rolled up dividend shares.
Following the transactions, the
interests held in shares of each PDMR (including connected persons)
are as follows:
|
Director
|
Number of shares
|
% of Company's issued share capital
(excluding treasury shares)
|
|
Nathan Coe
|
3,322,270
|
0.371%
|
|
Catherine Faiers
|
134,476
|
0.015%
|
|
James Warner
|
102,162
|
0.011%
|
The transactions took place on 21
August 2024, and the Company was notified of the transactions on 21
August 2024.
This announcement is made in
accordance with the requirements of the UK Market Abuse
Regulation.
The notification of dealing forms can
be found below.
|
Notification
of dealing form
|
|
1
|
Details of the person
discharging managerial responsibilities /
person closely associated
|
|
a)
|
Name
|
Nathan Coe
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director
|
|
b)
|
Initial notification/Amendment
|
Initial notification
|
|
3
|
Details of the issuer
|
|
a)
|
Name
|
Auto Trader Group plc
|
|
b)
|
LEI
|
213800QLK9BZILB1DI86
|
|
4
|
Details of the transaction(s): section to be
repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where
transactions have been conducted
|
|
a)
|
Description of the financial instrument, type
of instrument.
Identification code
|
Ordinary shares of 1 pence each
ISIN: GB00BVYVFW23
|
|
b)
|
Nature of the transaction
|
Exercise of nil-cost options, and sale of
ordinary shares of 1 pence
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
Nil
|
135,715
|
|
|
824p
|
120,922
|
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated
volume
- Price
|
|
|
|
|
|
|
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
|
|
|
|
|
|
n/a - reported separately
above
|
|
|
|
|
|
|
|
|
|
e)
|
Date of the transaction
|
21 August 2024
|
|
f)
|
Place of the transaction
|
XLON
|
|
Notification
of dealing form
|
|
1
|
Details of the person
discharging managerial responsibilities /
person closely associated
|
|
a)
|
Name
|
Catherine Faiers
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director
|
|
b)
|
Initial notification/Amendment
|
Initial notification
|
|
3
|
Details of the issuer
|
|
a)
|
Name
|
Auto Trader Group plc
|
|
b)
|
LEI
|
213800QLK9BZILB1DI86
|
|
4
|
Details of the transaction(s): section to be
repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where
transactions have been conducted
|
|
a)
|
Description of the financial instrument, type
of instrument.
Identification code
|
Ordinary shares of 1 pence each
ISIN: GB00BVYVFW23
|
|
b)
|
Nature of the transaction
|
Exercise of nil-cost options, and sale of
ordinary shares of 1 pence
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
Nil
|
58,370
|
|
|
824p
|
52,009
|
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated
volume
- Price
|
|
|
|
|
|
|
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
|
|
|
|
|
|
n/a - reported separately
above
|
|
|
|
|
|
|
|
|
|
e)
|
Date of the transaction
|
21 August 2024
|
|
f)
|
Place of the transaction
|
XLON
|
|
Notification
of dealing form
|
|
1
|
Details of the person
discharging managerial responsibilities /
person closely associated
|
|
a)
|
Name
|
James Warner
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director
|
|
b)
|
Initial notification/Amendment
|
Initial notification
|
|
3
|
Details of the issuer
|
|
a)
|
Name
|
Auto Trader Group plc
|
|
b)
|
LEI
|
213800QLK9BZILB1DI86
|
|
4
|
Details of the transaction(s): section to be
repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where
transactions have been conducted
|
|
a)
|
Description of the financial instrument, type
of instrument.
Identification code
|
Ordinary shares of 1 pence each
ISIN: GB00BVYVFW23
|
|
b)
|
Nature of the transaction
|
Exercise of nil-cost options, and sale of
ordinary shares of 1 pence
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
Nil
|
61,151
|
|
|
824p
|
54,487
|
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated
volume
- Price
|
|
|
|
|
|
|
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
|
|
|
|
|
|
n/a - reported separately
above
|
|
|
|
|
|
|
|
|
|
e)
|
Date of the transaction
|
21 August 2024
|
|
f)
|
Place of the transaction
|
XLON
|
Enquiries:
|
Auto Trader
Claire Baty,
Company Secretary
|
0345 111 0006
|
About Auto Trader
Auto Trader Group plc is the UK's
largest automotive platform. It listed on the London Stock Exchange
in March 2015 and is a member of the FTSE 100 Index.
Auto Trader's purpose is Driving
Change Together. Responsibly. Auto Trader is committed to creating
a diverse and inclusive culture, it aims to build stronger
partnerships with its customers and use its voice and influence to
drive more environmentally friendly vehicle choices.
With the largest number of car
buyers and the largest choice of trusted stock, Auto Trader's
marketplace sits at the heart of the UK car buying process. That
marketplace is built on an industry-leading technology and data
platform, which is increasingly used across the automotive
industry. Auto Trader is continuing to bring more of the car buying
journey online, creating an improved buying experience, whilst
enabling all its retailer partners to sell vehicles
online.
Auto Trader publishes a monthly used
car Retail Price Index which is based on pricing analysis of circa
800,000 unique vehicles. The same data that powers the Index is
used by the Office for National Statistics to make the UK's
official measures of inflation more robust, as well as the Bank of
England to feed the broader UK economic indicators.
For more information, please
visit: https://plc.autotrader.co.uk/
